Business Cities Sam Morgan - 12/October/2021

Cities warmed by heated market for power contracts

Once regarded as a high risk gamble, buying green electricity directly from generators under a mutually agreed power purchase agreement (PPA) has become big business in the commercial and industrial sector. City authorities eager to cut their electricity bills and buy renewable are looking to get into the market. The new demand is set to drive big growth in renewables

Stricter and more ambitious climate goals are pushing city authorities to probe new ways of securing a green power supply

PUBLIC OFFICE Public bodies own significant shares of building stock including energy-intensive institutions such as hospitals and schools

PPA SIMPLICITY Work is underway to make the complex world of PPAs more accessible to public bodies and smaller private companies

KEY QUOTE As cities become aware of PPAs and see that they are able to do it, then you will start to see more of it ...

 

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